03:50 PM EDT, 08/05/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.3%.
Redbook US same-store sales last week rose by 6.5% from a year earlier after a 4.9% increase in the previous week.
In corporate news, TripAdvisor ( TRIP ) investor Palliser Capital is urging the company to explore options, concerned that the legacy business is weighing on its performance and eroding shareholder value, Bloomberg reported. TripAdvisor ( TRIP ) shares fell 1.1%.
Portillo's (PTLO) shares tumbled 23% after the restaurant chain reported Q2 revenue that missed Wall Street expectations and cut its fiscal 2025 outlook.
Molson Coors Beverage ( TAP/A ) shares rose 1.6% after the company reported Q2 adjusted earnings and revenue that beat estimates.
Yum Brands ( YUM ) Q2 results trailed estimates as a weak US consumer environment drove comparable sales declines at KFC ( YUM ) and Pizza Hut. Yum shares dropped 4.9%.